JSW Steel secures MUFG funding for Australian coking coal mining company acquisition: Report

Mumbai: JSW Steel Ltd, led by Sajjan Jindal, has secured financing from Japan's MUFG Group for its acquisition of a coking coal mining company in Australia, Moneycontrol reported.

Mission Coking Coal: Domestic raw coking coal prodn to reach 140 MT by 2030

New Delhi/IBNS: Domestic raw coking coal production is likely to reach 140 MT—105 MT by CIL and 35 MT by allocated coking coal blocks—by 2030, Coal Minister Prahlad Joshi said Wednesday.

Centre withdraws export duty on steel

New Delhi: The Centre has withdrawn the export duty on steel, restoring the status quo as was prevailing prior to May 22, 2022, the Ministry of Finance said Saturday.

Aggressive focus on increasing coking coal production needed: Coal Minister

New Delhi: India needs an aggressive focus on increasing coking coal production to reduce import dependence,  Coal Minister Pralhad Joshi said Friday while inviting suggestions from all stakeholders for finding technology solution and using available coking coal in the country.

India sets target of producing 140 million tons of coking coal by 2030

New Delhi: India has set a target of producing 140 million tons (MT) of coking coal by 2030 following several transformative measures to reduce dependence on imports.